Stock Market & Financial Investment News

On The Fly: After Hours Movers UP AFTER EARNINGS: Amira Nature Foods (ANFI), up 28.36% after fourth quarter results top expectations. ALSO HIGHER: Gentiva Health Services (GTIV) up 4.36% after Kindred Healthcare (KND) announced a $14.50 tender offer for Gentiva... Nuance (NUAN), up 1.6%... Tesla (TSLA), up fractionally after NY allows the company to keep five currently licensed retail locations. LOWER: Williams (WMB), down 1% after filing to sell $3B of common stock.

Tesla should be bought aggresively at current levels, says RW BairdRW Baird said its recent meetings with Tesla management make the firm more comfortable with delivery guidance and the Model X debuting in Q3. The firm believes the company's production should significantly increase throughout the year, that demand is still strong in North America, and that developed markets are still showing growth. Baird said if Tesla shares are pressured today in a “sell the news” reaction to the company's "range anxiety" event, they would be aggressive buyers of the stock and noted that Tesla remains its top pick for 2015. The firm has an Outperform rating and $275 price target on the stock.

Sunrun powers up for IPO later this year, WSJ reportsSunrun, a solar-energy company, is said to be working with Credit Suisse (CS) and Goldman Sachs (GS) on a potential IPO for later this year, sources tell The Wall Street Journal, which adds that the company was valued at $1.3B as of March 2014. Other solar companies that have gone public in recent years include residential solar installers like Vivint Solar (VSLR), backed by Blackstone (BX), and SolarCity (SCTY), backed by Tesla's (TSLA) Elon Musk. Reference Link

Tesla CEO calls autonomous cars 'solved,' says Tesla will be leader, WSJ saysTesla (TSLA) CEO Elon Musk believes self-driving cars are "a solved problem... we know exactly what to do and we will be there in a few years," reports the Wall Street Journal, citing statements given at the Nvidia (NVDA) graphical processor conference Tuesday. Musk added that "I think [Tesla] will be the leader in autonomous cars that you can actually buy." The Journal notes that Nvidia will make its autonomous car development platform available in May to researchers and car makers. Reference Link